News

Anxiety Builds at CBS News Over Potential Moves by Skydance

CBS News staffers worry about possible layoffs and 'CBS Evening News" will tweak its format in a bid to focus anew on ...

Paramount Skydance Says It Won’t Spin Off Cable Networks, But

The newly merged company’s C-suite execs acknowledge the stiff headwinds of that business and float possible streaming moves ...

Paramount president Jeff Shell will cut $2 billion in ‘painful’ belt-tightening after troubled Skydance merger

We do not want to be a company that has layoffs every quarter,” Shell said, citing constant waves of cuts under Paramount’s ...

Paramount and Skydance close their $8 billion merger, kicking off reign of new entertainment giant

Skydance and Paramount officially closed their $8 billion merger on Thursday — kicking off the reign of a new entertainment ...

GAMCO sues Redstone for allegedly short-changing Paramount investors in Skydance deal

(Reuters) -Billionaire investor Mario Gabelli's investment fund filed a class-action lawsuit on behalf of Paramount Global ...

Skydance’s Paramount Lands UFC Rights in $7.7 Billion Deal

Under the seven-year deal, UFC fights will be streamed on Paramount+ and select bouts will be simulcast on CBS.

Paramount, Skydance complete $8 billion merger as FCC continues CBS probe

Skydance Media and Paramount Global completed their $8 billion merger as the FCC continues investigating CBS News for alleged ...
The New York Sun2d

Redstone Sued Over Paramount-Skydance Merger as Angry Investors — and Outraged Liberals — Vent Over Messy Transaction, Bullying of CBS News

The lawsuit alleges there was an ‘unfair and inequitable’ payout for shareholders.